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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 260,563 $ 232,442 $ 766,101 $ 689,322
Cost of goods sold 160,070 140,400 473,411 407,006
Gross profit 100,493 92,042 292,690 282,316
Selling, general, and administrative expenses 36,873 37,696 119,325 116,899
Technical and research expenses 9,934 9,673 29,984 28,916
Restructuring expenses, net 42 187 268 230
Operating income 53,644 44,486 143,113 136,271
Interest expense, net 3,794 3,734 11,336 11,521
Pension settlement expense 49,128 0 49,128 0
Aviation Manufacturing Jobs Protection (AMJP) grant 0 (5,832) 0 (5,832)
Other (income)/expense, net (6,918) 2,753 (17,891) 4,215
Income before income taxes 7,640 43,831 100,540 126,367
Income tax expense/(benefit) (3,183) 12,889 22,273 36,375
Net income 10,823 30,942 78,267 89,992
Net income attributable to the noncontrolling interest 129 80 635 150
Net income attributable to the Company $ 10,694 $ 30,862 $ 77,632 $ 89,842
Earnings per share attributable to Company shareholders - Basic (in dollars per share) $ 0.34 $ 0.95 $ 2.47 $ 2.78
Earnings per share attributable to Company shareholders - Diluted (in dollars per share) $ 0.34 $ 0.95 $ 2.46 $ 2.77
Shares of the Company used in computing earnings per share:        
Shares of the Company used in computing earnings per share, basic (in shares) 31,111 32,381 31,416 32,369
Shares of the Company used in computing earnings per share, diluted (in shares) 31,223 32,434 31,518 32,424
Dividends declared per share, Class A and Class B (in dollars per share) $ 0.21 $ 0.20 $ 0.63 $ 0.60